U.S. M2 money supply is pushing into new all-time highs... will $BTC follow? Take a look at this CoinGlass chart carefully. The U.S. money supply keeps expanding while $BTC hasn't shown the same strength lately. Historically, $BTC has benefited from expanding liquidity, but here's what most people misunderstand: More money in the system doesn't mean Bitcoin must pump tomorrow. Liquidity takes time to flow through the economy and eventually into risk assets. Sometimes $BTC runs ahead of it, sometimes it lags behind. Yes, my bias is seeing $BTC bottom soon (Nov-Dec), & pump into 106K, but that's macro, not short-term. Short-term, I predicted we'll fall into 76.1K once again after the 81K -> 76K crash, and a small pump into 78K. Correct! Inflation remains a concern for now, interest rates are still a major factor, and liquidity alone cannot prevent another sell-off. $GOLD has historically served as an inflation hedge, while Bitcoin is still trying to establish itself as "Digital Gold". A reason why I am more bullish on gold than Bitcoin. Maybe $GOLD hits ATH earlier than $BTC even! Not to mention that both $GOLD & $SILVER are near our macro buy zones. See the latest video of $SILVER on my profile & you'll know!